DelphX Announces Proposed Warrant Extension

Core Viewpoint - DelphX Capital Markets Inc. is seeking approval from the TSX Venture Exchange to extend the exercise period of share purchase warrants by one year to January 30, 2027, while maintaining all other terms unchanged [1][2]. Group 1: Share Purchase Warrants - DelphX intends to extend the exercise period of 3,904,166 share purchase warrants, which are exercisable at $0.20 per common share, originally issued during a private placement on January 30, 2024 [2]. - A total of 1,208,333 of these warrants are held by related parties, categorizing the amendment as a "related party transaction" under Multilateral Instrument 61-101 and TSXV Policy 5.9 [3]. Group 2: Company Overview - DelphX is a technology and financial services company focused on developing and distributing next-generation structured products, including Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs) [4][6]. - The company's proprietary securities are fully collateralized and held in custody by U.S. Bank, providing innovative solutions for both fixed-income and cryptocurrency-based investments [4].